Fast Take
Bitcoin
Current information from Farside reveals Bitcoin ETFs skilled an $11.1 million internet influx, with contributions from Constancy’s FBTC at $16.2 million, Bitwise’s BITB at $6.2 million, and Grayscale BTC at $13.7 million. Nevertheless, Grayscale’s GBTC ETF noticed an outflow of $25 million. Curiously, BlackRock’s IBIT ETF remained stagnant, with neither inflows nor outflows. The cumulative inflows for BTC ETFs now stand at $17.3 billion.
Ethereum
Then again, Ethereum ETFs noticed their largest outflow since Aug. 2, with $39.2 million exiting the market. This outflow was primarily pushed by Grayscale’s ETHE, which recorded a $42.5 million withdrawal. Whole outflows for Grayscale ETHE have reached $2.4 billion, contributing to a broader pattern of $405.5 million in complete ETF outflows.
The put up Largest Ethereum ETF outflow since August 2 appeared first on CryptoSlate.
